CG Technology (formerly Cantor Gaming) announced that it has signed a licensing agreement with Logrand Group to place CG’s sports book system at Mexico’s largest casino and seven additional locations.
The agreement represents CG Technology’s first business venture in Latin America. The sports book system, going first into the Jubilee Casino in Nuevo León, includes mobile sports wagering, back-end account management and wallet functions In all, the system will be installed in eight Logrand Group casinos in Mexico.
“We are delighted to work with the Logrand Group and bring our state-of-the-art licensing and software solutions to their casinos, including Jubilee, Mexico’s largest casino,” said Lee M. Amaitis, president and CEO of CG Technology. “CG Technology estimates it has in excess of 25 percent of the Nevada sports wagering market, and that over half of these wagers are conducted on mobile devices in Nevada.
“Our leading expertise in this area means we are perfectly positioned to elevate Logrand Group’s entertainment offering, especially as we introduce customers to the ease, convenience and excitement of mobile sports wagering applications, a phenomenon we are delighted to bring to the Logrand Group.
“We are pleased to partner with a major gaming presence in Mexico and help them navigate the recent changes in the regulatory landscape and the enforcement of account-based wagering, an area we have deep expertise in.”
“We are excited to partner with CG Technology, selected for their state-of-the-art sports book and technology systems, as well as their deep experience in account-based and mobile sports wagering,” said Julian Symaniw, director of sports book and online operations for the Logrand Group. “Working with CG Technology, we are well placed to respond to recent changes in gaming regulation that require account-based sports wagering, an area CG Technology is reputed in.
“In addition, we chose CG Technology to heighten our customer experience, by offering mobile sports wagering for the first time. We look forward to a long and fruitful relationship with CG Technology and to welcoming in a new era of gaming technology at our casinos.”
In addition to the Nuevo León location, the CG sports book product will be installed at Logrand Group casinos in Monterrey; Cancún, Quintana Roo; Guadalajara, Jalisco; Villahermosa; Tabasco, Guasave; Sinaloa, and soon-to-open locations in Merida, Yucatan.
